Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
PDVSA, Venezuela’s state-oil company, is losing workers by the thousands, with as many as 10,000 leaving the company in just one week of January, media…
Oil prices are falling and analysts and market players are as eager as ever to explain the decline in accordance with their own bullish or…
Japan imported 1.295 million barrels of Saudi oil daily last year, which was a 9.5-percent annual increase and the highest import rate since 1982, Japanese…
After reporting two consecutive weekly crude oil inventory builds, this week the EIA continued with another build, of 1.8 million barrels for the week to…
China and the Philippines have set up a panel to study ways of resolving their rival claims to parts of the South China Sea that…
Europe’s oil supermajors have largely adapted to lower oil prices thanks to strict financial discipline and efforts to bring down their breakeven levels, a new…
Next month may finally see the launch of the long-awaited, much-delayed Chinese oil futures priced in yuan, to be traded on the Shanghai International Energy…
The Trump administration has put forth a proposal to Congress to sell assets of federal power companies to state and local entities, or private businesses.…
The global oil market could slip into deeper oversupply on the back of non-OPEC production growth led by the United States, the International Energy Agency…
American Electric Power Co.’s Wind Catcher project received a blow from an Oklahoma state judge who said the project failed to prove sufficient need. More…
A consortium involving India’s biggest state oil company ONGC and two smaller companies have bought for US$600 million a 10-percent interest in the Lower Zakum offshore…
After in January media reported that the Iraqi government had invited BP to carry out a feasibility study on increasing production from the oil fields…
Oil investors have grown wary of another oil price rally as they have doubts about whether U.S. producers would be able to rein in production…
The United States will become a net oil and gas exporter by 2022, the Energy Information Administration (EIA) said in this year’s edition of its…
British Columbia threw down the gauntlet when its government said it will fight Kinder Morgan using any legal means available to permanently suspend the expansion…
Those analysts who warned that oil prices can’t go on rising forever now have the chance to tell everyone else “I told you so.” Brent…
India plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons, or more than 8 million bpd, a government report…
The Canadian Association of Petroleum Producers is against the politicization of the conflict between the governments of Alberta and British Columbia concerning the latter’s unwillingness…
Crude oil imports to China hit another record last month, reaching 9.57 million barrels daily, for a total of 40.64 million tons, customs data showed.…
Amid positive comments from OPEC on the global oil supply situation and indications that some members of the cartel are ready for a longer extension…